Saudi SPPC Signs USD 9.3 Billion PPAs for Thermal and Solar Energy Projects

Saudi Power Procurement Company (SPPC) inks agreements for 5 energy projects totaling 9,200 MW, including 7,200 MW thermal and 2,000 MW solar. Investments worth...

Middle East Market | November 19, 2024 | By EI News Network |  2468 readings

Masdar Signs PPA for 1GW Wind Farm in Kazakhstan

Masdar inked a PPA for a 1GW wind farm in Kazakhstan’s Jambyl region at COP29, reinforcing UAE-Kazakhstan renewable energy collaboration. Featuring 600MWh...

Middle East Market | November 18, 2024 | By EI News Network |  1687 readings

Egypt Inks Deals for 5,200-MW Renewable Energy Projects

Egypt signed MoUs for 5,200 MW of renewable energy projects, including wind and solar. Coupled with milestones like the Benban Solar Park and Gulf of Suez Wind...

Middle East Market | November 15, 2024 | By EI News Network |  2064 readings

Masdar Signs Agreement With Ministry of Energy Uzbekistan to Develop 1GW Wind Farm

This new wind farm will create 1,000 jobs during construction and 60 jobs during operation. Once completed, it will deliver clean energy to 300,000 homes in...

Middle East Market | November 15, 2024 | By News Bureau |  1488 readings

Azerbaijan Unveils 6 GW Renewable Energy Target by 2030

Azerbaijan aims to develop 6 GW of renewable energy by 2030, focusing on solar, wind, and hydropower. The key partnerships with Masdar and BP, alongside plans...

Middle East Market | November 14, 2024 | By EI News Network |  1766 readings

Ceer Partners with Rimac for High-Performance EV Drive Systems in Saudi Arabia

Ceer, Saudi Arabia’s first EV brand, has partnered with Rimac Technology to equip its flagship vehicles with advanced Electric Drive Systems, marking...

Middle East Market | November 13, 2024 | By EI News Network |  2145 readings

Arctech Ships SkyLine II Solar Trackers for 320 MW PV Project in Uzbekistan

Arctech announced that it has started the shipment of its signature 1P single-axis solar tracking system SkyLine II for the 320MW photovoltaic project in Buka,...

Middle East Market | November 12, 2024 | By News Bureau |  1451 readings

Mercantile & Maritime Group Announces Biofuel Facility Expansion in Fujairah

Singapore-based Mercantile & Maritime Group, dealing in energy, logistics, and oil and gas trading, has announced a significant expansion of its MENA Terminals...

Middle East Market | November 11, 2024 | By EI News Network |  2273 readings

ACWA Power Reports Strong Financial Results

ACWA Power reported a 16 percent rise in net profit for the nine months ending September 30, 2024, driven by increased operating income and significant project...

Middle East Market | November 08, 2024 | By EI News Network |  1637 readings

Masdar, Sarawak Energy, and Gentari Team Up for Malaysia's Large-Scale Floating Solar Project

Masdar, Sarawak Energy, and Gentari signed a partnership to assess a large-scale floating solar project at Malaysia's Murum Hydroelectric Plant. The initiative...

Middle East Market | November 07, 2024 | By EI News Network |  2454 readings